btc

BTCUSD Accumulation or Partial Profit Realization?


BTCUSD

 

BitCoin is a cryptocurrency that I like more and more. Yes, half a joke. But the trends and breakouts that I offer are at the same level. At the moment, I am expecting a downward correction, which I intend to hold at least to the designated trend line. Marked level with a cross. At this level, I will reduce the position and see what the chart and transaction volume look like. If the volume goes down with a decrease, the position will be held until unloaded. If the transaction volume weakens, the reduction will be faster. If the price goes back up, I close the positions to zero. The trend is too strong to believe that it might work.

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Cryptocurrency markets analysis
Cryptocurrency markets analysis

Subjective view of the cryptocurrency market. Analyzes made on the basis of technical analysis used in financial markets. All analyzes are my view of the market. It is not recommended to make commercial decisions based on the information provided. You can check all my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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